I love how that Arthur dude was talking about how great our system was and thought Peter was completely wrong. If you look at it now, Arthur was completely fooled by the phony system of unbalanced credit to production ratios, wich is leading to the downward spiraling fuckfest our economy is headed for. Like peter said at the end of the vid about the penny bet, "Thats all your dollar is gonna be worth is a penny" Hows that for an i told you so? haha
TRUE %100, many others warned. We give and take with these sick elitists. Why when CNBC, or CNN or whoever has this man on , they ALWAYS have some douche chump who constantly interrupts this man. Seriously, he is 100% correct.
-- PETER SHIFF is educated , ECONOMICS 101 , guy , very smart .. AUSTRIAN style economics works, IT is not NUCLEAR SCIENCE . PETER SHIFF is right on the target.
I love how that Arthur dude was talking about how great our system was and thought Peter was completely wrong. If you look at it now, Arthur was completely fooled by the phony system of unbalanced credit to production ratios, wich is leading to the downward spiraling fuckfest our economy is headed for. Like peter said at the end of the vid about the penny bet, "Thats all your dollar is gonna be worth is a penny" Hows that for an i told you so? haha
GummyWormHunter 5 months ago
Schiff was right on the money... See if you guys like this: Paul-Schiff in 2012...
archay1 2 years ago 2
@archay1 Sounds great to me.
jeremyraybrown 2 years ago
Lyndon H. LaRouche called the crash. The problem is that he's been calling it for 20 years!
apkeaton2008 2 years ago
Funny how the housing market crashed and so on and so on.... this was before the Obama Administration was even a thought in anyone's head.
cookiesonsteve 3 years ago
Also I love how the FED puts out reports regarding their slave money. Fucking amateurs.
marevitals 3 years ago
TRUE %100, many others warned. We give and take with these sick elitists. Why when CNBC, or CNN or whoever has this man on , they ALWAYS have some douche chump who constantly interrupts this man. Seriously, he is 100% correct.
marevitals 3 years ago
-- PETER SHIFF is educated , ECONOMICS 101 , guy , very smart .. AUSTRIAN style economics works, IT is not NUCLEAR SCIENCE . PETER SHIFF is right on the target.
aviomaster 3 years ago
I think Schiff called 10 of the last 2 recessions, but he was righ on the mark here. Scarey.
windishmear 3 years ago